How to Calculate the Value of Your Travel Rewards Redemption

How to Calculate the Value of Your Travel Rewards Redemption

Many of the best travel rewards credit cards have transferable rewards points, which are flexible points that can be transferred to the issuer's travel partners. This means you can turn your rewards into hotel points or frequent flyer miles and redeem them for free stays and flights. While transferring your rewards points to a partner is often the key to getting the best per-point value from your rewards, this process has a big drawback: The actual value you get from your rewards will depend entirely on how you redeem them.